All Articles Tagged "investment strategy"
It may be her birthday, but Diane Garnick aims to be the one giving the gifts this year. For her birthday, she celebrates by opening up a new firm that seeks to give women the gift of employment. Garnick, the former investment strategist of Invesco Ltd., is striving to improve the Wall Street job pool for women through her new company Clear Alternatives LLC.
According to Bloomberg, this New York based group is an asset management firm, comprised of a staff of three other women. Clear Alternatives plans to be a registered investment adviser that manages pension and endowment funds as well as other assets.
The 45-year-old birthday girl has high goals for her company–by the end of the year she plans to lead a staff of 12 and raise at least $500 million in assets under management. Although in its early stages, Clear Alternatives has already lined up pledges from potential investors.
“One of the biggest challenges is for women to find an organization that’s willing to accept them back after they leave the work force to raise children without taking a cut in compensation and responsibility,” Garnick told Bloomberg. “Our objective is to solve that problem.”
Garnick knows firsthand about the struggles of being a mother and an ambitious working professional. She has two daughters and still managed to work as a derivatives strategist at Merrill Lynch & Co as well as an investment strategist at State Street Corp. She joined Invesco in 2007 and earned her Master of Business Administration last year from the University of Chicago.
(Baltimore Sun) — Now that the political pundits have had their say on the impact of the election, it’s time to consider what it means for investors and pocketbooks. The midterm election results and Republican takeover of the U.S. House improve the chances that the wealthy will be included in any extension of the Bush-era tax cuts expiring at year’s end. Banks, big oil and high-end retailers likely will benefit, although green technology not so much. And we can say goodbye to stimulus spending to boost the economy and possibly to emergency jobless benefits for the long-term unemployed.
(Inc) – The most successful companies are the ones that innovate. Unfortunately, innovation often comes with a hefty price tag. “You have to build the capability to be innovative,” says Michael Hitt, a professor of management at theMays Business School at Texas A&M University, and co-author of Strategic Management: Competitiveness and Globalization. “Whatever is required in your particular industry or for your particular firm to be innovative, you have to invest in it and build it.”
(Reuters) — Athletic gear giant Nike Inc (NKE.N) expects its revenue to rise more than 40 percent to $27 billion by 2015, helped by demand for its namesake athletic merchandise and fast-growing brands like Converse, the company said on Wednesday. “We’re going to continue to build, fuel and accelerate the Nike portfolio,” said Chief Executive Mark Parker, addressing a crowd during an investor day held in New York.
(SFGate.com) — The world of investment presents us with many paradoxes. One of these is the fact that, although there is an enormous body of literature out there, in the form of books, magazines, newspaper articles, seminars, internet sites, TV programs and so on, investment remains a tricky business, fraught with dangers and risks of various kinds. It is just not easy to earn a consistently good return at a reasonable level of risk without something or other going wrong at various times. This all raises a fundamental question: What and how much can one really learn?
(seekingalpha.com) — Here is something that you may not realize about Warren Buffett: counting only his take-home pay, the Oracle of Omaha is a pauper compared to his peers.
But as we all know, there is more to this story than meets the eye. The difference, in this case, is in the dividends.
(Forbes.com) — It is no accident that companies within a particular industry move in lock-step with one another. Companies in a single industry are forever bound by the type of product or service that they provide, and they are constantly competing with one another for market share, consumer acceptance and technological leadership in their particular sub-sectors. These competitive and consumer forces shape an industry’s corporations and determine the status of the industry as a whole. These forces have followed roughly the same patterns over time. Here we take a look at these stages and how they affect the companies that follow them.